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Updated over 9 years ago on . Most recent reply
Rent control, getting tenants to leave in Bergen County, NJ
Hi, I'm looking at a 3 family home in Bergen County, NJ that doesn't require much in repairs ($5000 or less).
The strategy here is to buy the place and increase the rents. Currently the tenants are renting month-to-month for about $900 to $1000, whereas, I should be able to get $1200 for each unit, since they are all 2 br, 1 bth.
My questions are:
1) How can I find out if there are rent control laws for the place?
2) If they are unhappy with the rent increase but give me a hard time vacating the unit, how difficult will it be to get tenants to leave?
Thanks for your help!
Most Popular Reply
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Here is some info on increasing rent in New Jersey.
http://www.state.nj.us/dca/divisions/codes/publications/pdf_lti/rnt_incrse_bultin.pdf
Here's another link to towns in New Jersey with rent control laws.
http://www.nj.gov/dca/divisions/codes/publications/pdf_lti/rnt_cntrl_srvy_2009.pdf